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Long Run Explor Ltd Ord WFREF

Energy Oil & Gas E&P
"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Long Run Explor Ltd Ord > Keep the faith !!!
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Comment by 99999goldon Dec 13, 2014 1:55pm
263 Views
Post# 23227632

RE:Keep the faith !!!

RE:Keep the faith !!!
Frediboy wrote:
They will cut the dividend and start an agressive buyback program. What is the point of spending the money anywhere else when you can buy your own shares 0,20$  in a 1$ . With this kind of volume they could buy a significant amount of share daily. Its not time to try paying back debt. They will just pay the minimum and keep the money as a cushion..... Prety much everything is hedge till end of december , you can easily find those information on sedar.com wich is the reference website. In the past ,fortune has been made in those kinds of crisis and i am pretty sure this one ain't different ....


Here's an idea for morons that keeps on suggesting the company initiate a buyback program. Buy the whole float for 1.5-1.60 and take it private. 

Most here have an average of 3 or even higher... Buyback. 





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